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The widespread lack of broad source code verification on blockchain explorers such as Etherscan, where despite 78,047,845 smart contracts deployed on Ethereum (as of May 26, 2025), a mere 767,520 (< 1%) are open source, presents a severe…

Cryptography and Security · Computer Science 2025-06-25 Isaac David , Liyi Zhou , Dawn Song , Arthur Gervais , Kaihua Qin

Blockchain systems come with the promise of being inclusive for a variety of decentralized applications (DApps) that can serve different purposes and have different urgency requirements. Despite this, the transaction fee mechanisms…

Computer Science and Game Theory · Computer Science 2023-04-13 Aggelos Kiayias , Elias Koutsoupias , Philip Lazos , Giorgos Panagiotakos

Byzantine general problem is the core problem of the consensus algorithm, and many protocols are proposed recently to improve the decentralization level, the performance and the security of the blockchain. There are two challenging issues…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-09 Tzu-Wei Chao , Hao Chung , Po-Chun Kuo

To implement a blockchain, the trend is now to integrate a non-trivial Byzantine fault tolerant consensus algorithm instead of the seminal idea of waiting to receive blocks to decide upon the longest branch. After a decade of existence,…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Pierre Tholoniat , Vincent Gramoli

A seminal result by Lamport shows that at least $\max\{2e+f+1,2f+1\}$ processes are required to implement partially synchronous consensus that tolerates $f$ process failures and can furthermore decide in two message delays under $e$…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-01-19 Fedor Ryabinin , Alexey Gotsman , Pierre Sutra

Solidity, the dominant smart contract language for Ethereum, has rapidly evolved with frequent version updates to enhance security, functionality, and developer experience. However, these continual changes introduce significant challenges,…

Software Engineering · Computer Science 2025-08-15 Likai Ye , Mengliang Li , Dehai Zhao , Jiamou Sun , Xiaoxue Ren

As of July 15, 2023, Ethererum, which is a Proof-of-Stake (PoS) blockchain [1] has around 410 Billion USD in total assets on chain (popularly referred to as total-value-locked, TVL) but has only 33 Billion USD worth of ETH staked in…

Cryptography and Security · Computer Science 2024-01-12 Soubhik Deb , Robert Raynor , Sreeram Kannan

To address the large amount of energy wasted by blockchains, we propose a decentralized consensus protocol for blockchains in which the computation can be used to search for good approximate solutions to any optimization problem. Our…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-03 Naoki Shibata

Bitcoin is the first successful decentralized global digital cash system. Its mining process requires intense computational resources, therefore its usefulness remains a disputable topic. We aim to solve three problems with Bitcoin and…

Cryptography and Security · Computer Science 2016-08-25 Alexander Chepurnoy , Mario Larangeira , Alexander Ojiganov

The Enterprise Ethereum Client Specification by the Enterprise Ethereum Alliance defines the requirements which Ethereum Clients offering private smart contract capabilities should comply with. This specification though ground breaking,…

Cryptography and Security · Computer Science 2018-07-09 Peter Robinson

With the continuous expansion of blockchain application scenarios, consortium chains have raised higher performance and security requirements for consensus mechanisms. Unlike public blockchains, consortium chains typically implement an…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-04-20 Wen Gao , Xinhong Hei , Yichuan Wang

Sharding is essential for improving blockchain scalability. Existing protocols overlook diverse adversarial attacks, limiting transaction throughput. This paper presents Reticulum, a groundbreaking sharding protocol addressing this issue,…

Cryptography and Security · Computer Science 2024-07-16 Yibin Xu , Jingyi Zheng , Boris Düdder , Tijs Slaats , Yongluan Zhou

Recent attacks exploiting errors in smart contract code had devastating consequences thereby questioning the benefits of this technology. It is currently highly challenging to fix errors and deploy a patched contract in time. Instant…

Cryptography and Security · Computer Science 2020-10-05 Michael Rodler , Wenting Li , Ghassan O. Karame , Lucas Davi

The emergence of blockchain technology has revolutionized contract execution through the introduction of smart contracts. Ethereum, the leading blockchain platform, leverages smart contracts to power decentralized applications (DApps),…

Cryptography and Security · Computer Science 2025-10-23 Tahrim Hossain , Sakib Hassan , Faisal Haque Bappy , Muhammad Nur Yanhaona , Tarannum Shaila Zaman , Tariqul Islam

Blockchain consensus faces a trilemma of security, latency, and decentralization. High-throughput systems often require a reduction in decentralization or robustness against strong adversaries, while highly decentralized and secure systems…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-20 Preston Vander Vos , Alberto Sonnino , Giorgos Tsimos , Philipp Jovanovic , Lefteris Kokoris-Kogias

We introduce Unity, a new consensus algorithm for public blockchain settings. Unity is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It encompasses hardware and…

Cryptography and Security · Computer Science 2019-06-10 Yulong Wu , Yunfei Zha , Yao Sun

We study the economics of the Ethereum improvement proposal 4844 and its effect on rollups' data posting strategies. Rollups' cost consists of two parts: data posting and delay. In the new proposal, the data posting cost corresponds to a…

Computer Science and Game Theory · Computer Science 2023-10-03 Davide Crapis , Edward W. Felten , Akaki Mamageishvili

Blockchains revolutionized centralized sectors like banking and finance by promoting decentralization and transparency. In a blockchain, information is transmitted through transactions issued by participants or applications. Miners…

Cryptography and Security · Computer Science 2024-05-30 Johnnatan Messias Peixoto Afonso

The LMD GHOST consensus protocol is a critical component of proof-of-stake Ethereum. In its current form, this protocol is brittle, as evidenced by recent attacks and patching attempts. We propose Goldfish, a new protocol that satisfies key…

Cryptography and Security · Computer Science 2024-01-02 Francesco D'Amato , Joachim Neu , Ertem Nusret Tas , David Tse

Smart contracts are programs that are executed on a blockhain. They have been used for applications in voting, decentralized finance, and supply chain management. However, vulnerabilities in smart contracts have been abused by hackers,…

Programming Languages · Computer Science 2021-10-19 Timothy Mou , Michael Coblenz , Jonathan Aldrich
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